Transactions | Aug 14, 2018 CapitaLand acquires two development sites for $297m by Andrea Zander CapitaLand has been awarded two prime residential sites in Guangzhou, South China, at a price of RMB2.05 billion ($297 million).Â
Transactions | Aug 14, 2018 Japan’s Daibiru enters Australian office market by Andrea Zander Japanese real estate firm Daibiru Corp. has acquired a development site for an 18-story office block in the Sydney CBD.
People | Aug 14, 2018 Kennedy Wilson appoints two presidents by Released Kennedy Wilson has appointed two new presidents.
Fundraising | Aug 14, 2018 Cording launches ÂŁ400m U.K. private rented sector fund by Andrea Zander Cording Real Estate Group has launched its ÂŁ400 million ($511 million) Cording U.K. Residential Investment Fund.
Transactions | Aug 13, 2018 Port of Los Angeles seeks developer for 87-acre marina by Andrea Zander The Port of Los Angeles has plans to release an RFQ and RFP for a commercial development opportunity at Cabrillo Way Marina on the L.A. Waterfront in San Pedro.
Transactions | Aug 13, 2018 Spelthorne acquires Thames Valley office portfolio for ÂŁ285m by Andrea Zander Spelthorne Borough Council has purchased The Charter Building in Uxbridge, The Porter Building in Slough and Thames Tower in Reading from the joint venture between Landid and Brockton Capital for ÂŁ285 million ($363 million).
Research | Aug 13, 2018 Top four macro trends in China by Jennifer Molloy China, the world’s second-largest economy, is also viewed by many as the “epicenter” of global macro trends, according to KKR’s latest report, China: A visit to the Epicenter, which details four major trends to watch:
Transactions | Aug 13, 2018 Triuva buys Frankfurt development for €400m by Andrea Zander Patrizia subsidiary Triuva, on behalf of a German pension fund, has bought the Junghof Plaza in the center of Frankfurt for €400 million ($456 million).
Transactions | Aug 13, 2018 Broadreach Capital Partners and Rockwood Capital plan to build $250m mixed-use development in Silicon Valley by Jody Barhanovich Broadreach Capital Partners, a real estate investment firm focused on the development, acquisition and asset management of commercial and lodging properties primarily in the western United States, and partner Rockwood Capital, a real estate investment management firm, have broken ground on the Ameswell Mountain View, a $250 million mixed-use development comprising a 220,000-square-foot class A office building and 255-room modern hotel located on one of the last fully entitled development sites in Mountain View, Calif.
Transactions | Aug 13, 2018 GLP transfers $765m Japanese logistics portfolio by Andrea Zander Singapore-based GLP has plans to sell eight properties worth ¥84.9 billion ($765 million) to its Tokyo stock exchange–listed Japanese REIT as part of its capital recycling strategy.
Investors | Aug 13, 2018 Macquarie in talks with Investa by Andrea Zander Macquarie Real Estate Investment Holdings has entered into exclusive negotiations to buy a stake in the management platform Investa Commercial Property Fund Holdings
Transactions | Aug 13, 2018 Danish pension fund buys more than €1b of German real estate by Andrea Zander The €800 billion ($912 billion) Danish pension fund PFA has made its largest-ever single real estate investment, acquiring more than €1 billion ($1.14 billion) of German assets from Industria Wohnen.
Transactions | Aug 13, 2018 Henderson Park and Hines acquire 750-bed student housing development in Barcelona by Andrea Zander Henderson Park and Hines have completed the acquisition of a site to develop a 750-bed student housing project in Barcelona, Spain.
Transactions | Aug 13, 2018 Union Investment awards property management contracts valued at €7b by Andrea Zander Union Investment has awarded property management contracts for 150 commercial properties in its Germany portfolio
Fundraising | Aug 13, 2018 IMT Capital holds $820m final close for fifth real estate fund by Jody Barhanovich IMT Capital, a private real estate investment and management company with a nationwide portfolio of multifamily properties, has held a final close.
People | Aug 13, 2018 UCLA Foundation seeks investment director by Jody Barhanovich The UCLA Foundation, which is overseen by the UCLA Investment Company, is seeking a new investment director, according to TrustedInsight.
People | Aug 13, 2018 Hilary Davidson joins Castle Lanterra Properties by Released Castle Lanterra Properties (CLP) has appointed Hilary Davidson as vice president of operations.
Research | Aug 10, 2018 Shanghai property remains healthy during H1 2018 by Andrea Zander Shanghai’s property market remained healthy, buoyed by strong economic fundamentals, according to Colliers International.
Investors | Aug 10, 2018 NYSTRS invests $200m in opportunistic real estate debt by Andrea Zander The $115.5 billion New York State Teachers’ Retirement System (NYSTRS) has hired Raith Capital Partners for a $200 million opportunistic real estate debt separate account.
Transactions | Aug 10, 2018 Recent commercial real estate transactions by Alicia Block Transactions reported this week included the sale of two portfolios.